Pengyuan International Awarded the ‘Rising Star Credit Rating Agency of the Year (2019)’ by The Asset

30 Jan 2020

30th January, Hong Kong. Pengyuan International has been awarded the “Rising Star Credit Rating Agency of the Year (2019)” at “Triple-A Rating Agency of the Year Awards” by The Asset.

The Awards, hosted by The Asset, highlight the strength of credit rating agencies operating in the region in providing both investors and issuers with fundamental parameters regarding the creditworthiness of corporates, financial institutions and sovereigns. With close to 20 years of experience conducting awards programs, The Asset has built upon a stringent methodology that is combined with a rigorous approach in selecting the best institutions and individuals operating in Asia.

"we are delighted to receive this award from the Asset, this shows our effort in the last couple years being recognised. We are committed to build a global standard credit rating agency. Pengyuan International is aimed to provide global investors, a credible and a trusted voice. " Said Mr. Jonathan Hu, CEO of Pengyuan International.

As a global rating agency from China, Pengyuan International began operation in Hong Kong since late 2017 with the mission to provide independent and objective credit opinions and related research to market participants. As of date, the credit rating agency has published global rating methodologies across sovereign and public finance, financial institutions, corporates and structured finance, and established extensive and high-quality global rating coverage.

About Us

Pengyuan International (full name: Pengyuan Credit Rating (Hong Kong) Company Limited) is a credit rating agency licensed by the Hong Kong Securities and Futures Commission (‘SFC’) for providing credit rating services. We provide global-scale credit ratings on issuers and issuances regarding sovereign and public finance, financial institutions, corporates and structured finance, as well as related credit analytics. Pengyuan International is a wholly-owned subsidiary of CSCI Pengyuan Ratings, one of the first China-based credit rating agencies. Pengyuan Ratings has issued more than 40,000 issuer and issuance ratings in China by the end of 2017. In 2018, CSCI Pengyuan Ratings rated about one-third of issuers and issuances in the Chinese enterprise bond market, ranked first in China for the past 8 years. In 2019, CSCI Pengyuan Ratings has received the type-A credit rating license from NAFMII, the regulator of interbank market of China. In addition, during the 2019 joint-assessment hosted by all Chinese regulators, which was conducted by 335 market participants with 60% are investors, CSCI Pengyuan has been rated the number-1 credit rating agency in the exchange market of China.

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